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03-05-2002, 06:12 PM

hoosier

GreekChat Member

Join Date: Jan 2002

Location: Now hiding from GC stalkers

Posts: 3,188

Are the fees too high?

SAE national annual fees:

Insurance - $124/man
Fidelity bond - $150/chapter
Pledge fee - $75/pledge
Initiation fee - $200/initiate
Annual dues - $90/member

Typical chapter: 75 men (50 members, 25 pledges/initiates) pays to SAE HQ in Evanston:

Insurance: 50 x 124 = $6200
Fidelity bond - $150
Pledge fee - 25 x $75 = $1875
Init. fee - 25 x $200 = $5000
Annual dues - 50 x $90 = $4500

Grand total - $17,725

How do other GLO compare?

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